Chainlink LINK
Current Price
$12.23 +2.28%
$0.6600 Daily Range (5.40%)
$11.96$12.62
$436.24M Daily Volume
4,898 BTC
Vol/MktCap: 5.03%
Market Performance
0.91% Relative BTC Volume
The total volume of Chainlink is $436.24M over the past 24 hours, compared to $47.69B total Bitcoin volume.
Hourly Moving Average
8 SMA $12.45 -1.80%
13 SMA $12.46 -1.88%
21 SMA $12.42 -1.50%
55 SMA $12.39 -1.28%
144 SMA $13.04 -6.20%
Price Performance
-1.72% 1 Hour Change
$12.23 from $12.44
-11.75% 7 Day Change
-$1.44 from $13.67
-7.81% 14 Day Change
-$0.9557 from $13.19
-0.28% 30 Day Change
-$0.0339 from $12.26
All Time High
May 10, 2021
$52.70 -76.79%
-$40.47 vs. now
24H Change
194.91M USD +2.30%
2,188 BTC
Volume and Supply
Total Supply: 1.00B LINK 
708.10M LINK Available70.81% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
50.05 x BTC Supply50:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
35.50M LINK
traded over past 24 hours
5.01% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Chainlink AI Market Analysis
Chainlink (LINK) is currently trading at $12.36, showing a slight 24-hour change of 0.24%. The daily price range has remained tight, oscillating between a high of $12.62 and a low of $11.96, indicating a lack of volatility in the short term.
Trading volume over the past 24 hours is approximately 482.57 million, which constitutes 5.52% of LINK's market capitalization. This volume suggests active trading but could also indicate a consolidation phase as the asset struggles to break key resistance levels.
Moving averages indicate a bearish sentiment in the short to medium term, with the 8 SMA at $12.45 and the 13 SMA at $12.46 both showing declines of around 0.76% and 0.83%, respectively. Notably, the 144 SMA at $13.04 indicates a longer-term bearish trend with a decline of 5.20%, reinforcing the downward pressure.
The 1-hour RSI is at 34, suggesting that LINK is nearing oversold conditions in the short term, while the 7-day RSI at 43 points to a mild bearish trend, indicating potential further downside before a reversal might occur. In the context of price changes, LINK has dropped over 12.19% in the last week, indicating significant bearish momentum, while a minor gain of 1.10% over the past 30 days suggests some stabilization.
Given the current technical indicators, including the bearish moving averages and RSI readings, it appears that LINK is under pressure. Although there may be potential for a short-term bounce due to the oversold RSI conditions, the overall trend remains negative.
Based on the analysis, the recommendation is to Hold LINK for now. This position allows for observing the market for any signs of reversal while protecting against further downside risk.
Trading volume over the past 24 hours is approximately 482.57 million, which constitutes 5.52% of LINK's market capitalization. This volume suggests active trading but could also indicate a consolidation phase as the asset struggles to break key resistance levels.
Moving averages indicate a bearish sentiment in the short to medium term, with the 8 SMA at $12.45 and the 13 SMA at $12.46 both showing declines of around 0.76% and 0.83%, respectively. Notably, the 144 SMA at $13.04 indicates a longer-term bearish trend with a decline of 5.20%, reinforcing the downward pressure.
The 1-hour RSI is at 34, suggesting that LINK is nearing oversold conditions in the short term, while the 7-day RSI at 43 points to a mild bearish trend, indicating potential further downside before a reversal might occur. In the context of price changes, LINK has dropped over 12.19% in the last week, indicating significant bearish momentum, while a minor gain of 1.10% over the past 30 days suggests some stabilization.
Given the current technical indicators, including the bearish moving averages and RSI readings, it appears that LINK is under pressure. Although there may be potential for a short-term bounce due to the oversold RSI conditions, the overall trend remains negative.
Based on the analysis, the recommendation is to Hold LINK for now. This position allows for observing the market for any signs of reversal while protecting against further downside risk.
Updated 204 minutes ago.
Chainlink Relative Price at Market Cap of:
Chainlink TradingView Chart
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